IFSC Code of The Shamrao Vithal Cooperative Bank, Tirumala Coop Urb Bk Medipally Branch, Telangana

Use this page as a one-stop reference for everything related to The Shamrao Vithal Cooperative Bank's TIRUMALA COOP URB BK MEDIPALLY branch in HYDERABAD, TELANGANA. The branch's IFSC code SVCB0028003 is the key identifier you need whenever a remitter, employer or biller asks for a bank routing number to send funds to an account held at this branch. We have also included the branch's postal address, telephone number, banking hours, common services, and an extensive FAQ block that should answer almost every question that comes up when you are about to add this branch as a beneficiary in your net-banking app for the first time.

An IFSC (Indian Financial System Code) is an 11-character alphanumeric code issued by the Reserve Bank of India. It uniquely identifies every bank branch that participates in the RBI's electronic fund-transfer systems – NEFT, RTGS and IMPS. The first four characters represent the bank, the fifth is always a zero (reserved for future use), and the last six characters identify the specific branch.

For The Shamrao Vithal Cooperative Bank's TIRUMALA COOP URB BK MEDIPALLY branch, the IFSC SVCB0028003 breaks down as follows: SVCB identifies the bank, 0 is the reserved character, and 028003 identifies this particular branch.

About the bank

The Shamrao Vithal Cooperative Bank serves retail and corporate customers with a full range of deposit, lending, payments and digital banking products. Its Tirumala Coop Urb Bk Medipally branch in Hyderabad, Telangana is part of this network and uses the IFSC code SVCB0028003 for all electronic settlement.

Branch details at a glance

Tirumala Coop Urb Bk Medipally branch overview

Located at PLOT NO 10, 11, WARD NO 13, SAI NAGAR COLONY, OPP PILLAR NO 103, LANE OPP TO HANUMAN TEMPLE, MEDIPALLY, HYDERABAD - 500098, TS., the Tirumala Coop Urb Bk Medipally branch handles regular banking operations such as account opening, fixed and recurring deposits, locker facilities, loans, and trade finance services where applicable. The IFSC SVCB0028003 is required for all interbank electronic transfers routed through this branch.

Why every The Shamrao Vithal Cooperative Bank branch has a unique IFSC

Before electronic settlement systems went live in India, money transfers between banks relied heavily on demand drafts, mail transfers and telegraphic transfers. These older instruments routinely took days to clear and were prone to misrouting because there was no single machine-readable identifier for a branch. The Reserve Bank of India solved this by issuing each participating branch — including TIRUMALA COOP URB BK MEDIPALLY of The Shamrao Vithal Cooperative Bank — its own 11-character IFSC. The code SVCB0028003 is therefore not just an internal reference; it is the digital postcode that lets the RBI's NEFT, RTGS and IMPS rails route funds straight to the right branch ledger without any human intervention.

Today, almost every salary credit, vendor payment, refund and EMI deduction in the country flows through this network, which is exactly why a correct IFSC matters so much. A wrong character can either bounce the transfer or send it to the wrong branch, and reversing such a credit is a manual, time-consuming process. Treat IFSC SVCB0028003 the same way you would treat your account number — verify it once and save it carefully for future use.

Account types you can open at the Tirumala Coop Urb Bk Medipally branch

Once you have an account at The Shamrao Vithal Cooperative Bank – TIRUMALA COOP URB BK MEDIPALLY, the IFSC SVCB0028003 stays the same regardless of the type of account you hold. The branch typically supports the following options:

• Savings account — for individuals, with chequebook, ATM card and net-banking access.
• Current account — for sole proprietors, partnerships and companies that need higher transaction volumes.
• Salary account — opened in bulk for corporate employees, often with zero-balance benefits.
• NRE / NRO accounts — for non-resident Indians who want to repatriate or maintain rupee balances in India.
• Fixed deposit and recurring deposit — term-based investment accounts with quarterly or cumulative interest.
• Senior citizen accounts — concessional minimum balance and a small interest rate premium on FDs.
• Minor and student accounts — operated jointly with a guardian until the customer turns 18.

Eligibility, minimum balance and KYC requirements vary by product. Speak to a relationship officer at the branch for the latest schedule of charges and interest rates.

Banking services available

The Tirumala Coop Urb Bk Medipally branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 36-7207878020.

• Savings, current and salary accounts
• Fixed deposits and recurring deposits
• Personal, vehicle and home loans
• Demat and investment products (where supported)
• Internet banking and mobile banking enrolment
• Debit and credit card issuance
• Locker facilities (subject to availability)
• Foreign exchange services (at authorised branches)
• Bill payments, demand drafts and pay orders
• NEFT / RTGS / IMPS / UPI fund transfers using IFSC SVCB0028003

How to transfer money using IFSC SVCB0028003

Online transfers in India are powered by three major channels — NEFT, RTGS and IMPS — and each one requires a destination IFSC. Below is a quick guide for using IFSC SVCB0028003 across all three.

How to use IFSC SVCB0028003 for an NEFT transfer

NEFT (National Electronic Funds Transfer) is the most widely used method for sending money to The Shamrao Vithal Cooperative Bank's TIRUMALA COOP URB BK MEDIPALLY branch. NEFT now settles on a 24x7 basis in half-hourly batches and has no upper limit for retail customers (individual banks may impose their own caps).

1. Log in to your internet banking or mobile banking app.
2. Choose Add Beneficiary and select NEFT / Other Bank.
3. Enter the beneficiary name, account number and the IFSC SVCB0028003.
4. Confirm the bank name auto-populates as The Shamrao Vithal Cooperative Bank and the branch as TIRUMALA COOP URB BK MEDIPALLY.
5. Approve the beneficiary using OTP. Once activated, transfer any amount and the credit will reflect in the next NEFT cycle.

RTGS transfers via IFSC SVCB0028003

RTGS (Real-Time Gross Settlement) is the fastest high-value transfer mechanism in India. It is meant for transfers of ₹2 lakh and above and settles each transaction individually and instantly. To remit through RTGS to The Shamrao Vithal Cooperative Bank – TIRUMALA COOP URB BK MEDIPALLY, ensure your bank's portal accepts IFSC SVCB0028003 while registering the beneficiary. RTGS is also available 24x7.

IMPS to The Shamrao Vithal Cooperative Bank TIRUMALA COOP URB BK MEDIPALLY (IFSC SVCB0028003)

IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC SVCB0028003 in your mobile or internet banking app, and the money is credited to the TIRUMALA COOP URB BK MEDIPALLY branch account within seconds.

NEFT vs RTGS vs IMPS — which one should you use?

All three modes accept the IFSC SVCB0028003 for The Shamrao Vithal Cooperative Bank – TIRUMALA COOP URB BK MEDIPALLY, but they differ in speed, minimum amount and use case. The table below summarises the differences so you can pick the right channel for the situation at hand.

For most retail customers crediting the Tirumala Coop Urb Bk Medipally branch, NEFT or IMPS will be the quickest and most economical option. RTGS comes in for one-off, high-value movements such as property purchases, vendor settlements or large gifts.

How UPI relates to the IFSC code

UPI lets you pay using a short Virtual Payment Address instead of typing the IFSC every time, but behind the scenes every UPI mandate is mapped to an account number plus an IFSC. For accounts at The Shamrao Vithal Cooperative Bank's TIRUMALA COOP URB BK MEDIPALLY branch, the IFSC SVCB0028003 is what the National Payments Corporation of India (NPCI) uses to route the credit when you tap Pay on a UPI app.

That is why, even in the UPI era, it is still worth knowing the IFSC of your home branch — for failed UPI mandates, e-mandate set-ups, third-party platform onboarding and salary or refund credits.

Online banking and IFSC SVCB0028003

The Shamrao Vithal Cooperative Bank customers can register for net banking and the bank's official mobile app once their account at the TIRUMALA COOP URB BK MEDIPALLY branch is active. Net banking lets you view balances, download statements, open fixed deposits, request cheque books and initiate NEFT/RTGS/IMPS transfers — all without setting foot in the branch. The IFSC SVCB0028003 is pre-filled by the bank for transfers originating from your own account, and you only need to enter it manually when adding an external beneficiary or sharing your account details with a third party.

MICR code & cheque clearing

Apart from IFSC, every cheque book issued by The Shamrao Vithal Cooperative Bank carries a 9-digit MICR (Magnetic Ink Character Recognition) code that is read by cheque-sorting machines. The MICR code, the IFSC SVCB0028003 and the account number together uniquely identify the Tirumala Coop Urb Bk Medipally branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.

Common mistakes to avoid when using IFSC SVCB0028003

An incorrect IFSC almost always results in a failed transfer or, worse, a credit to the wrong branch. Before you click Confirm on a transfer to The Shamrao Vithal Cooperative Bank – TIRUMALA COOP URB BK MEDIPALLY, double-check for these issues:

• Confusing 0 with O. The fifth character of every IFSC is the digit 0, not the letter O. Read carefully.
• Spaces or hyphens. Do not put spaces in the IFSC. It is exactly 11 characters: SVCB0028003.
• Wrong branch. A bank can have dozens of branches in the same city. Make sure you are using the IFSC for the actual branch where the beneficiary holds the account, not just any nearby branch.
• Old IFSC after a merger. If two banks have merged, the IFSC may have been reissued. Always verify with a recent passbook or cheque leaf.
• Copy-paste from chat. Auto-correct on phones can silently change letters in IFSC codes. Type carefully or copy from a trusted source like the cheque book.

How to reach the Tirumala Coop Urb Bk Medipally branch

The branch is located at PLOT NO 10, 11, WARD NO 13, SAI NAGAR COLONY, OPP PILLAR NO 103, LANE OPP TO HANUMAN TEMPLE, MEDIPALLY, HYDERABAD - 500098, TS., which puts it inside Hyderabad, the broader Hyderabad district, and the state of Telangana. To plan your visit:

1. Open Google Maps on your phone and search for “The Shamrao Vithal Cooperative Bank Tirumala Coop Urb Bk Medipally branch” — the verified location pin for IFSC SVCB0028003 should appear at the top of the results.
2. Confirm the branch is open by calling 36-7207878020 before stepping out, especially around public holidays.
3. Carry photo ID and any account-related documents you may need for the transaction you plan to do.

Most banking work — passbook updates, fund transfers, statement downloads — can also be completed online without visiting the branch in person, as long as you know the IFSC SVCB0028003 and your account number.

Other ways to verify the IFSC code

While this page already lists the verified IFSC SVCB0028003 for The Shamrao Vithal Cooperative Bank – TIRUMALA COOP URB BK MEDIPALLY, you can cross-check the code from any of these sources before initiating a high-value transfer:

• The front of the cheque book issued by the branch – the IFSC is printed at the top of every leaf.
• The first page of your passbook.
• The bank's official website under the branch locator.
• The Reserve Bank of India's IFSC search portal.
• Net banking dashboards usually display the home-branch IFSC under account details.

Working hours

Branch counters at Tirumala Coop Urb Bk Medipally are usually open from 10 AM to 4 PM on weekdays. Saturdays follow the RBI's alternate-Saturday rule. Even when the branch is closed, NEFT, RTGS, IMPS and UPI transfers addressed to SVCB0028003 continue to work without interruption.

Branch address & contact

Frequently asked questions

Summary

The IFSC code SVCB0028003 belongs to The Shamrao Vithal Cooperative Bank's TIRUMALA COOP URB BK MEDIPALLY branch, located at PLOT NO 10, 11, WARD NO 13, SAI NAGAR COLONY, OPP PILLAR NO 103, LANE OPP TO… in HYDERABAD, TELANGANA. Use this code along with the beneficiary's account number for any NEFT, RTGS or IMPS transfer to this branch. Bookmark this page for quick reference whenever you need the branch's banking details.